Trump says he's announcing new Fed chair nominee tomorrow morning
President Trump says he will announce his nominee for Federal Reserve chair Friday morning, as he presses the central bank to cut interest rates.
Last updated: 2026-01-30 01:36:02 ET
President Trump says he will announce his nominee for Federal Reserve chair Friday morning, as he presses the central bank to cut interest rates.
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Federal Reserve chief Jerome Powell said Wednesday that the U.S. jobs market seems to have stabilized after a big letdown last year, justifying a deci...
President Trump has been pressing the Federal Reserve to cut interest rates more aggressively, but the central bank voted to hold rates steady for now, as it tries to bring down inflation.
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The Federal Reserve held interest rates steady on Wednesday, marking its first pause after three consecutive cuts in 2025. CBS News coordinating produ...
The Federal Reserve on Wednesday released its decision on interest rates.
Two Fed officials voted for a cut, including the former head of Donald Trump's Council of Economic Advisers.
Federal Reserve leaves interest rates unchanged at 3.5% to 3.75% after three straight cuts.